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Contacting the Department of Insurance? Is it worthwhile?

Contacting the Department of Insurance Is it worthwhile

The headlines of a recent Insurance Trade Magazine shouted out: CALIFORNIA DOI WINS 20 YEAR COURT BATTLE AGAINST MERCURY INSURANCE. The California DOI worked hard on that one and they are to be commended. Many California commissioners over the years   Read More »

The Umpire’s Role in the Resolution of Insurance Valuation Disputes

Insurance policies provide a method of dispute resolution called “appraisal”. When an impasse in the determination of the amount of a loss is reached, one party will demand (or request) appraisal and will name an appraiser. The other party will do so as well. The two appraisers will appoint a third appraiser to serve as an umpire and two of the three can render an award that will bind all parties.